Recent Research Analysts’ Ratings Updates for The Goldman Sachs Group (GS)

A number of research firms have changed their ratings and price targets for The Goldman Sachs Group (NYSE: GS):

• 1/21/2025 – The Goldman Sachs Group had its price target raised by analysts at UBS Group AG from $610.00 to $640.00. They now have a “neutral” rating on the stock.
• 1/16/2025 – The Goldman Sachs Group had its price target raised by analysts at Morgan Stanley from $736.00 to $782.00. They now have an “overweight” rating on the stock.
• 1/16/2025 – The Goldman Sachs Group had its price target raised by analysts at Barclays PLC from $713.00 to $760.00. They now have an “overweight” rating on the stock.
• 1/16/2025 – The Goldman Sachs Group had its price target raised by analysts at JPMorgan Chase & Co. from $550.00 to $605.00. They now have an “overweight” rating on the stock.
• 1/16/2025 – The Goldman Sachs Group had its price target raised by analysts at Keefe, Bruyette & Woods from $686.00 to $690.00. They now have an “outperform” rating on the stock.
• 1/6/2025 – The Goldman Sachs Group had its price target raised by analysts at Barclays PLC from $588.00 to $713.00. They now have an “overweight” rating on the stock.
• 1/6/2025 – The Goldman Sachs Group had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a $610.00 price target on the stock.
• 1/3/2025 – The Goldman Sachs Group had its price target lowered by analysts at Oppenheimer Holdings Inc. from $677.00 to $639.00. They now have an “outperform” rating on the stock.
• 12/6/2024 – The Goldman Sachs Group had its price target raised by analysts at JPMorgan Chase & Co. from $520.00 to $550.00. They now have an “overweight” rating on the stock.

The Goldman Sachs Group Stock Performance

Shares of NYSE GS opened at $632.25 on Tuesday. The stock has a market capitalization of $196.28 billion, a P/E ratio of 15.59, a P/E/G ratio of 0.89 and a beta of 1.38. The firm’s 50-day moving average price is $596.07 and its two-hundred day moving average price is $541.71. The Goldman Sachs Group, Inc. has a 52-week low of $375.20 and a 52-week high of $650.00. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.32.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.21 by $3.74. The business had revenue of $13.87 billion for the quarter, compared to the consensus estimate of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The business’s revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the business posted $5.48 EPS. As a group, sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 47.1 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be given a dividend of $3.00 per share. The ex-dividend date is Friday, February 28th. This represents a $12.00 annualized dividend and a dividend yield of 1.90%. The Goldman Sachs Group’s dividend payout ratio is currently 29.59%.

Insider Buying and Selling

In other The Goldman Sachs Group news, CEO David M. Solomon sold 6,550 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $610.91, for a total value of $4,001,460.50. Following the completion of the sale, the chief executive officer now directly owns 117,883 shares of the company’s stock, valued at approximately $72,015,903.53. This represents a 5.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Kathryn H. Ruemmler sold 7,498 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $634.69, for a total transaction of $4,758,905.62. Following the completion of the transaction, the insider now directly owns 9,589 shares in the company, valued at $6,086,042.41. This represents a 43.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 40,865 shares of company stock valued at $25,286,862 in the last quarter. Company insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Mizuho Securities USA LLC grew its stake in shares of The Goldman Sachs Group by 30,068.9% in the third quarter. Mizuho Securities USA LLC now owns 7,500,000 shares of the investment management company’s stock worth $3,713,325,000 after purchasing an additional 7,475,140 shares during the last quarter. FMR LLC lifted its holdings in The Goldman Sachs Group by 21.9% in the 3rd quarter. FMR LLC now owns 2,898,637 shares of the investment management company’s stock worth $1,435,144,000 after buying an additional 521,054 shares during the period. Ieq Capital LLC grew its position in shares of The Goldman Sachs Group by 1,400.8% in the 4th quarter. Ieq Capital LLC now owns 419,095 shares of the investment management company’s stock worth $239,982,000 after buying an additional 391,170 shares during the last quarter. Janus Henderson Group PLC increased its stake in shares of The Goldman Sachs Group by 154.7% during the third quarter. Janus Henderson Group PLC now owns 414,867 shares of the investment management company’s stock valued at $205,403,000 after buying an additional 251,972 shares during the period. Finally, Congress Asset Management Co. raised its holdings in shares of The Goldman Sachs Group by 829.0% during the third quarter. Congress Asset Management Co. now owns 260,317 shares of the investment management company’s stock valued at $128,886,000 after acquiring an additional 232,297 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group, Inc, a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.